_____ is a process of visually presenting the flow of materials and information to identify wasted time and actions in a manufacturing or service process.
A) Make-buy analysis
B) QDA
C) Value stream mapping
D) TCO
E) None of the above.

Question

Quizplus · Accepted Answer

Value stream mapping is a process of visually presenting the flow of materials and information to identify wasted time and actions in a manufacturing or service process. It helps to identify areas for improvement in order to increase efficiency and eliminate waste. Make-buy analysis is a decision-making process to determine whether to make a product or service in-house or outsource it. QDA stands for Quality Data Analysis, which is a statistical process used to analyze data to improve quality. TCO stands for Total Cost of Ownership, which is a financial analysis that considers all the costs associated with owning and operating a product or service.

_____ Is a Process of Visually Presenting the Flow of Materials